Mortgage Rates Hit Record Low

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If there is an upside to all the pandemic-induced uncertainty in the economy, it’s the rock-bottom mortgage rate bonus for homeowners and homebuyers.

The average rate on the popular 30-year fixed just fell to another record low — 2.87%, according to Mortgage News Daily.

That is about a full percentage point lower than a year ago. And that’s just the average. Some borrowers are getting even lower rates.

Read more at CNBC



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